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2017 Preliminary Values – Detailed Trends

2017 Revaluation Milestones

Sales Trends for Residential and Arable Agricultural Land

2017 Preliminary Assessed Value Trends

Reports to Municipalities

2017 Revaluation – SAMA Milestones

Preliminary Values to Government Relations – April 8, 2016

Preliminary Values to Municipalities – June 30, 2016

Provincial Tax Classes and Percentages of Value – September/October 2016

Final Values to Municipalities – Starting in January 2017

SAMA View Update – January, 2017 (including updated ratepayer property profiles)

Property Assessment

SAMA

Tax Classes, Percentage of Value & Exemptions

GR

Property Taxes

Payable

Local Mill Rates & Tax Tools

Municipality

Assessments - Foundational Component of the Property Tax System

Uniform Education Mill Rates

GR

Assessment Changes Tax Changes

Local Gov’t Budget Needs

$2,500,000

Taxable Assessment

$250,000,000

Required Mill Rate

10 (0.010)

Before Revaluation

Assessment Changes Tax Changes

Local Gov’t Budget Needs

$2,500,000

Taxable Assessment

$250,000,000

Required Mill Rate

10 (0.010)

Local Gov’t Budget Needs

$2,500,000

Taxable Assessment

$500,000,000

Required Mill Rate 5 (0.005)

Before Revaluation

After Revaluation

R² = 0.9094

0.80

0.90

1.00

1.10

1.20

1.30

1.40

1.50

-70 -60 -50 -40 -30 -20 -10 0 10 20

Residential Median SAR Trend Residential Median Trend

Poly. (Residential Median Trend)

January 1, 2011 Base Date

January 1, 2015 Base Date

Residential Sales Trends (to March 2016)

Residential Sales Trends (to March 2016)

R² = 0.9094

0.80

0.90

1.00

1.10

1.20

1.30

1.40

1.50

-70 -60 -50 -40 -30 -20 -10 0 10 20

Residential Median SAR Trend Residential Median Trend

Poly. (Residential Median Trend)

January 1, 2011 Base Date

January 1, 2015 Base Date

Arable Ag Land Sales Trends (to March 2016)

R² = 0.9423

0.00

0.50

1.00

1.50

2.00

2.50

3.00

-70 -60 -50 -40 -30 -20 -10 0 10 20

Arable Ag Land Mean SAR Trend Agland Arable Mean Trend

Poly. (Agland Arable Mean Trend)

January 1, 2011 Base Date

January 1, 2015 Base Date

R² = 0.9423

0.00

0.50

1.00

1.50

2.00

2.50

3.00

-70 -60 -50 -40 -30 -20 -10 0 10 20

Arable Ag Land Mean SAR Trend Agland Arable Mean Trend

Poly. (Agland Arable Mean Trend)

January 1, 2011 Base Date

January 1, 2015 Base Date

Arable Ag Land Sales Trends (to March 2016)

• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates

• Local 2017 assessment shift available to council by June 30, 2016

Three levels of trends to consider:

Anticipated 2017 Assessment Shifts

• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates

• Local 2017 assessment shift available to council by June 30, 2016

Three levels of trends to consider:

Anticipated 2017 Assessment Shifts

1. Provincial

• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates

• Local 2017 assessment shift available to council by June 30, 2016

Three levels of trends to consider:

Anticipated 2017 Assessment Shifts

1. Provincial

2. Local

• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates

• Local 2017 assessment shift available to council by June 30, 2016

Three levels of trends to consider:

Anticipated 2017 Assessment Shifts

1. Provincial

2. Local

3. Property

2017 Assessment Trends Preliminary Trends based on 100% assessed values

reported to Government Relations April 8, 2016

Regulated Properties Pipeline & Railway Heavy Industrial and Mines Oil and Gas RPE Agricultural Land

Non-Regulated Properties Residential Commercial

Assessed Value 2017 / 2016 Multiple

Assessed Value 2017 / 2016 Multiple

Assessed Value 2017 / 2016 Multiple

SAMA Residential - 2017 / 2016 Multiple

SAMA Residential Shifts by Urban Municipality (Median = 1.18)

Legend: % Change

Residential Multiple Decrease (-20 to -40%)

Legend: % Change

Residential Multiple Increase (+20 to +40%)

Legend: % Change

Residential Multiple Increase (> 40%)

Legend: % Change

SAMA Residential Shifts By Resort Community

Legend: % Change

Residential Assessment Shift Sample Municipality (Median 1.08)

Legend: % Change

Residential Assessment Shift Sample Municipality (Median 1.24)

Legend: % Change

2017 Revaluation Preliminary Values Delivery

Deliver preliminary values to client municipalities after maintenance completed in the May to June time frame.

Message to Council: Please have a good look at the values and provide

feedback to us. We are happy to meet with clients to discuss values

as required.

2017 Assessed Value Trend Report

RM of Sample

Sample 2013 Revaluation Report

2017 Taxable Assessed Value Trend Report

RM of Sample

Sample 2013 Revaluation Report

2017 Detailed Assessed Value Change Report

Town of Sample

Sample 2013 Revaluation Report